Economics of bitcoin

New Bitcoin Exchange Launches With Lightning Support

Retrieved on: 
Monday, June 7, 2021
Payment systems, Cryptocurrencies, Bitcoin, Cryptography, Private currencies, Exonumia, Digital currencies, Decentralization, Economics of bitcoin, Legality of bitcoin by country or territory

The latest addition is Frontnode.com ( www.frontnode.com ), an innovative new European-based Bitcoin Lightning exchange.

Key Points: 
  • The latest addition is Frontnode.com ( www.frontnode.com ), an innovative new European-based Bitcoin Lightning exchange.
  • As a fully European licensed cryptocurrency exchange, it is pioneering a new security focused exchange system.
  • Frontnode also offers native Bitcoin Lightning support, which has numerous advantages.
  • With our innovative adoption of Lightning, we hope to take Bitcoin one step closer to being fully transactional.

Strike Drives Bitcoin Forward as El Salvador Becomes World’s First Country to Adopt Bitcoin as Legal Tender

Retrieved on: 
Saturday, June 5, 2021
Networks, Internet, Finance, Consumer electronics, Professional services, Technology, Mobile, Wireless, Other Technology, Cryptocurrencies, Payment systems, Bitcoin, Digital currencies, Currency, Cryptography, Lightning Network, Legality of bitcoin by country or territory, Economics of bitcoin

Strike, the worlds leading digital wallet built on Bitcoins Lightning Network, welcomes legislation announced today to make El Salvador the worlds first sovereign nation to adopt bitcoin as legal tender alongside the U.S. dollar.

Key Points: 
  • Strike, the worlds leading digital wallet built on Bitcoins Lightning Network, welcomes legislation announced today to make El Salvador the worlds first sovereign nation to adopt bitcoin as legal tender alongside the U.S. dollar.
  • Speaking from Bitcoin 2021 in Miami, Mallers said, This is the shot heard 'round the world for Bitcoin.
  • Additionally, adopting a natively digital currency as legal tender provides El Salvador the most secure, efficient and globally integrated open payments network in the world.
  • President Bukele announced El Salvadors intention to make bitcoin legal tender in a video broadcast to Bitcoin 2021.

Bitcoin IRA™ Launches The World's First-Ever Crypto IRA Self-Trading App

Retrieved on: 
Friday, June 4, 2021
Payment systems, Bitcoin, Cryptography, Cryptocurrencies, Digital currencies, Money, Decentralization, Economics of bitcoin, Bitcoin Unlimited

The app will be live and available to install in the Apple and Android app stores on June 21st, 2021.

Key Points: 
  • The app will be live and available to install in the Apple and Android app stores on June 21st, 2021.
  • Our clients will have complete control of their Bitcoin IRAs on any device, at any time," said Chris Kline, Co-Founder and Chief Operations Officer of Bitcoin IRA .
  • Investing in cryptocurrencies with Bitcoin IRA has been growing with popularity, as the platform recently surpassed over 100,000 users , making it the most trusted and popular cryptocurrency IRA technology platform.
  • Bitcoin IRA has processed over $1.5 billionin transactions and has over100,000 users with more than 2,500 5-star user reviews.

BitPay Commemorates 10 Years as Leading Blockchain Payment Processor

Retrieved on: 
Friday, June 4, 2021
Banking, Mobile, Wireless, Other Retail, Professional services, Online Retail, Internet, Consumer electronics, Technology, Small business, Retail, Other Professional Services, Finance, Other Technology, Payment systems, Cryptocurrencies, Articles, Bitcoin, Money, Decentralization, Digital currencies, BitPay, Blockchain, Economics of bitcoin

BitPay , the worlds largest provider of Bitcoin and cryptocurrency payment services, today announced its 10th birthday.

Key Points: 
  • BitPay , the worlds largest provider of Bitcoin and cryptocurrency payment services, today announced its 10th birthday.
  • Founded in June 2011, while Bitcoin was still in its infancy, BitPay wanted to make it easy for businesses to accept bitcoin payments and grew into the largest bitcoin payment processor in the world.
  • BitPay sees a different future for payments and is building blockchain based payment technology solutions to transform how businesses and people send, receive, and store money around the world, said Stephen Pair, co-founder and CEO of BitPay.
  • As a pioneer in blockchain payment processing, the companys mission is to transform how businesses and people send, receive, and store money.

Celsius invests over $200m in Bitcoin mining in North America

Retrieved on: 
Friday, June 4, 2021
Payment systems, Cryptography, Cryptocurrencies, Digital currencies, Bitcoin, Money, Economics of bitcoin, Legality of bitcoin by country or territory

These investments serve to scale Celsius' existing interests to make it one of the largest U.S. investors in the Bitcoin mining industry.

Key Points: 
  • These investments serve to scale Celsius' existing interests to make it one of the largest U.S. investors in the Bitcoin mining industry.
  • "Celsius recognizes that Bitcoin, as the flagship cryptocurrency, still sets the course for the crypto industry at large.
  • As such, we have considered it a company priority to help vitalize Bitcoin mining in North America through renewable resources," said Alex Mashinksy, CEO of Celsius.
  • Rhodium Enterprises is one of the largest industrial scale bitcoin mining operations in North America.

Coin Homes Launches Bitcoin Real Estate Marketplace

Retrieved on: 
Friday, June 4, 2021
Payment systems, Bitcoin, Cryptocurrencies, Digital currencies, Currency, Blockchains, Exonumia, Economics of bitcoin, Legality of bitcoin by country or territory

MIAMI, June 3, 2021 /PRNewswire-PRWeb/ --Coin Homes, a platform that services buying, financing, and selling real estate with Bitcoin launches today.

Key Points: 
  • MIAMI, June 3, 2021 /PRNewswire-PRWeb/ --Coin Homes, a platform that services buying, financing, and selling real estate with Bitcoin launches today.
  • Coin Homes aims to provide an end-to-end experience for individuals, and institutions - from finding real estate, getting financing backed by Bitcoin and selling property for Bitcoin.
  • Coin Homes is the first platform in North America that empowers you with inspiration, tools, and knowledge to purchase real estate with Bitcoin.
  • Coin Homes serves the full lifecycle of buying, financing, and selling real estate with Bitcoin.

Paxful Launches Paxful Pay, E-Commerce Solution to Strengthen Cryptocurrency Adoption

Retrieved on: 
Thursday, June 3, 2021
Payment systems, Bitcoin, Cryptocurrencies, Digital currencies, Currency, Cryptography, Economics of bitcoin, Virtual currency law in the United States

NEW YORK, June 3, 2021 /PRNewswire/ -- Paxful , the leading global peer-to-peer fintech platform, today announced Paxful Pay , an e-commerce solution that allows businesses worldwide to receive bitcoin.

Key Points: 
  • NEW YORK, June 3, 2021 /PRNewswire/ -- Paxful , the leading global peer-to-peer fintech platform, today announced Paxful Pay , an e-commerce solution that allows businesses worldwide to receive bitcoin.
  • Through Paxful Pay, businesses have the ability to manage their earnings and convert bitcoin into their local currency on the Paxful Marketplace using almost 400 payment methods.
  • Merchants will also have control over the configuration of the solution on their Paxful Merchant Dashboard and can track every transaction.
  • With their Paxful login, users can also take advantage of Paxful's other products such as Paxful Marketplace and Paxful Wallet.

Dallas-based FBFK Law Firm Now Accepts Cryptocurrency as Payment

Retrieved on: 
Wednesday, June 2, 2021
Bitcoin, Payment systems, Articles, Cryptocurrencies, Cryptography, Decentralization, Digital currencies, Financial technology, Credit card, Blockchain, Legality of bitcoin by country or territory, Economics of bitcoin

The payment option offered by FBFK via the firm's website next to the credit card option will be processed similarly to a credit card payment.

Key Points: 
  • The payment option offered by FBFK via the firm's website next to the credit card option will be processed similarly to a credit card payment.
  • FBFK is always ahead of the game," says Noel Geren, FBFK client and Founder of Dallas-based smart sprinkler and irrigation system controllers company, Sprinkl .
  • While several large, national law firms have begun accepting bitcoin payments, Ferguson says he isn't aware of any other Dallas-based law firms especially those in the mid-sized category offering this payment option.
  • Clients served include early stage-to-institutional cryptocurrency mining operations, bitcoin ATM enterprises, token issuers, protection of novel cryptocurrency and blockchain technology, and others.

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for May 2021

Retrieved on: 
Wednesday, June 2, 2021
Bitcoin, Cryptocurrencies, Payment systems, Articles, Cryptography, Blockchain, Fork, Block chain, Mining pool, Legality of bitcoin by country or territory, Economics of bitcoin

On May 31, 2021, the fair market value of one bitcoin was approximately $36,857, implying that the approximate fair market value of Marathons current bitcoin holdings is approximately $203.4 million.

Key Points: 
  • On May 31, 2021, the fair market value of one bitcoin was approximately $36,857, implying that the approximate fair market value of Marathons current bitcoin holdings is approximately $203.4 million.
  • On May 31, 2021, Marathon announced that the Companys Bitcoin mining pool, MaraPool, was adopting and implementing Bitcoin Core version 0.21.1, which includes the Taproot soft fork, without modification.
  • Future changes in the network-wide mining difficulty rate or Bitcoin hashrate may also materially affect the future performance of Marathon's production of Bitcoin.
  • Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets.

The Bitcoin Fund Announces Extent of Participation in Annual Redemption as well as Voluntary Conversion Option to the 3iQ CoinShares Bitcoin ETF

Retrieved on: 
Tuesday, June 1, 2021
Finance, Money, Cryptocurrencies, Digital currencies, Payment systems, Bitcoin, Elliptic curve cryptography, Assets under management, Investment fund, Economics of bitcoin, Exchange-traded fund

Founded in 2012, 3iQ is Canadas largest digital asset investment fund manager with more than C$2.5 billion in assets under management.

Key Points: 
  • Founded in 2012, 3iQ is Canadas largest digital asset investment fund manager with more than C$2.5 billion in assets under management.
  • 3iQ was the first Canadian investment fund manager to offer a public bitcoin investment fund, The Bitcoin Fund (TSX: QBTC, QBTC.U), and a public Ether investment fund, The Ether Fund (TSX: QETH.UN, QETH.U).
  • More recently, 3iQ launched the 3iQ CoinShares Bitcoin ETF (TSX: BTCQ, BTCQ.U) and the 3iQ CoinShares Ether ETF (TSX: ETHQ, ETHQ.U).
  • Important information about The Bitcoin Fund and the 3iQ CoinShares Bitcoin ETF (together, the Funds) is contained in the prospectus.